2-22 EXCHANGE RATE

Unit: HK dollar per unit of Foreign Currency

Item	1988	1989	1990	1991	1992	1993	1994
US Dollar	7.808	7.807	7.801	7.781	7.741	7.726	7.738
Sterling	14.17	12.60	14.95	14.53	11.77	11.45	12.11
Deutsche Mark	4.42	4.63	5.20	5.13	4.80	4.46	4.99
Japanese Yen	0.0626	0.0544	0.0576	0.0622	0.0623	0.069	0.078
Canadian Dollar	6.57	6.76	6.72	6.74	6.11	5.81	5.52
Australian Dollar	6.69	6.17	6.00	5.92	5.32	5.24	6.00
Singapore Dollar	4.03	4.13	4.50	4.79	4.73	4.81	5.31
Dutch Guilder	3.91	4.09	4.61	4.54	4.27	3.98	4.46
New Taiwan Dollar	0.262	0.283	0.271	0.284	0.288	0.277	0.286
Swiss Franc	5.21	5.07	6.08	5.75	5.31	5.23	5.91
Chinese Renminbi	2.1006	1.6534	1.4927	1.4404	1.3458	1.3317	0.9163
Belgian Franc	0.214	0.224	0.257	0.251	0.236	0.218	0.246
Republic of Korea Won	0.0114	0.0115	0.0109	0.0102	0.0098	0.0096	0.0098
French franc	1.29	1.36	1.53	1.50	1.41	1.31	1.45
Italian Lira	0.0060	0.0062	0.0070	0.0068	0.0053	0.0046	0.0048
Thai Baht	0.317	0.307	0.313	0.309	0.308	0.309	0.310
Indonesian Rupiah	0.0047	0.0046	0.0042	0.0041	0.0038	0.0038	0.0037
Philippine Peso	0.380	0.353	0.260	0.295	0.316	0.280	0.317
Malaysian Dollar	2.89	2.90	2.89	2.86	2.97	2.86	3.04
SDR	10.50723	10.26096	11.09817	11.13018	10.64388	10.61212	11.29778